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Internet Week: New Retek Software Tackles Inventory, Markdowns

May 16, 2003, 06:00 (0 Talkback[s])
(Other stories by Antone Gonsalves)


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"Retail software maker Retek Inc. held its user conference this week, hoping to rekindle sales with new products that the company said lower costs by reducing inventory and increase profits by better management of markdowns.

"Cutting costs was a recurring theme of Retek World in Orlando, Fla., as the Minneapolis-based company also announced plans to offer Linux versions of all its products to enable customers to buy less expensive hardware to run Retek applications..."

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